Sterling Crispin, artist and software developer and Holly Herndon, host of the Interdependence podcast, talk about the problems that creators face, some potential solutions, and the debate over creator royalties. <h3>Show highlights:</h3><ul>
<li>how Holly and Sterling got into crypto</li>
<li>how Holly used the Holly Plus Project to pay royalties</li>
<li>how NFTs change the economic experience of being a creator</li>
<li>how creators make money and why it is so difficult for most of them</li>
<li>whether NFT royalties are necessary for artists</li>
<li>why creators are the ones that should decide to charge royalties or not</li>
<li>how the enforcement of royalties also occurs in the traditional art world</li>
<li>whether NFT royalties only benefit big players vs. smaller creators</li>
<li>what shifts could make paying royalties a norm, the way paying for music streaming became a norm over piracy</li>
<li>other solutions to helping creators earn from their work besides NFT royalties</li>
<li>whether NFT creators should use blocklists</li>
<li>whether people objecting to blocklists can be hypocritical about decentralization </li>
<li>whether creators can build their own marketplaces</li>
<li>how a profit-sharing model among creators could work</li>
</ul><h3>Thank you to our sponsors!</h3><a href="https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021">Crypto.com</a><a href="http://chainalysis.com/unchained">Chainalysis</a><a href="https://minima.global/">Minima</a>Sterling:<ul>
<li><a href="https://twitter.com/sterlingcrispin">Twitter</a></li>
<li><a href="http://www.sterlingcrispin.com/">Website</a></li>
<li>Blog post: <a href="https://sterlingcrispin.blogspot.com/2021/02/crypto-art-sky-is-not-falling.html">NFTs and Crypto Art: The Sky Is not Falling</a>
</li>
</ul>Holly:<ul>
<li><a href="https://twitter.com/hollyherndon">Twitter</a></li>
<li><a href="https://twitter.com/1nterdependence">Podcast</a></li>
<li><a href="https://www.youtube.com/watch?v=kPAEMUzDxuo">Holly's AI Video</a></li>
</ul><h3>Episode Links</h3><ul>
<li>Previous episodes of The Chopping Block debating NFT Royalties:</li>
<li><a href="https://unchainedpodcast.com/the-chopping-block-two-on-two-debate-nft-royalty-throwdown-ep-409/">The Chopping Block: Two on Two Debate: NFT Royalty Throwdown!</a></li>
<li><a href="https://unchainedpodcast.com/the-chopping-block-was-this-gary-genslers-most-liked-tweet-ep-405/">The Chopping Block: Was This Gary Gensler’s Most Liked Tweet?</a></li>
<li><a href="https://unchainedpodcast.com/the-chopping-block-did-ofac-overstep-by-sanctioning-tornado-cash-ep-386/">The Chopping Block: Did OFAC Overstep by Sanctioning Tornado Cash?</a></li>
</ul>NFT Royalties<ul>
<li>Magic Eden</li>
<li><a href="https://unchainedpodcast.com/magic-eden-moves-to-optional-royalties-and-heats-up-the-debate/">Magic Eden Moves to Optional Royalties and Heats Up the Debate</a></li>
<li><a href="https://nftnow.com/features/an-inside-look-at-magic-edens-metashield/">Metashield</a></li>
<li><a href="https://decrypt.co/112595/solana-enforceable-nft-royalties-new-metaplex-standard">Solana Could Get Enforceable NFT Royalties Via New Metaplex Standard</a></li>
<li><a href="https://www.theblock.co/post/178603/why-nft-royalties-are-almost-impossible-to-enforce-on-chain">Why NFT royalties are almost impossible to enforce on-chain</a></li>
<li>Galaxy Digital report <a href="https://www.theblock.co/post/179004/nft-royalties-have-generated-1-8-billion-with-nike-bayc-coming-out-top-galaxy">showing</a> that Nike and Yuga Labs earned the most in NFT royalties.</li>
<li><a href="https://mirror.xyz/insertfelix.eth/Ifz0Sgm4tULBnSH_KmjoVwZxs5T4QDbokLXu4J4Zgtk">Royalties in NFTs: Yes, no, and why?</a></li>
<li><a href="https://decrypt.co/112333/ethereum-nft-market-more-serious-solana-fidenza-artist-tyler-hobbs">Royalties Chaos Shows Ethereum NFT Market 'More Serious' Than Solana: Fidenza Artist Tyler Hobbs</a></li>
<li>
<a href="https://blackbox.art/royalties/">Artists’ Royalties</a> by <a href="http://blackbox.art/">BlackBox.art</a>
</li>
<li>
<a href="https://0xfoobar.substack.com/p/on-royalties">On Royalties</a> by foobar</li>
<li>Kyle Samani <a href="https://twitter.com/KyleSamani/status/1581664594183213056?s=20&t=cXZsEAqJCinYhFNp-LlmeQ">thread</a> on verticalization</li>
</ul>Potential solutions<ul>
<li>Collector Royalties</li>
<li><a href="https://medium.com/superrare/collector-royalties-eligibility-expansion-aug-21-4cd12c161b92">Collector Royalties Eligibility Expansion — Aug ‘21</a></li>
<li><a href="https://help.superrare.co/en/articles/5482222-what-are-royalties-how-do-they-work">How do they work</a></li>
<li>Profit Sharing</li>
<li><a href="https://twitter.com/cardinal_labs/status/1565816868102778880?s=20&t=FGYKg2pxpafqGZRshXbhbw">Cardinal Labs</a></li>
<li><a href="https://decrypt.co/112595/solana-enforceable-nft-royalties-new-metaplex-standard">Metaplex Standard</a></li>
<li><a href="https://twitter.com/exchgART/status/1581270900111917058?s=20&t=cXZsEAqJCinYhFNp-LlmeQ">Exchange Royalties Guarantee</a></li>
</ul><a href="https://interdependence.fm/episodes/nfts-for-n00bs-a-brief-history-of-tokens-and-tulips-nft-aesthetics-energy-dramas-fan-brigades-social-tokens-and-the-meataverse-with-daniel-keller-new-models-a">NFTs for n00bs: A brief history of tokens and tulips, NFT aesthetics, energy dramas, fan </a><a href="https://interdependence.fm/episodes/nfts-for-n00bs-a-brief-history-of-tokens-and-tulips-nft-aesthetics-energy-dramas-fan-brigades-social-tokens-and-the-meataverse-with-daniel-keller-new-models-a">brigades, social tokens and the metaverse with Daniel Keller</a>

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Are NFT Royalties the Way? How to Build a Sustainable Creator Economy - Ep. 414

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